Financial And Management Accounting free essay sample

The managers of tomorrow will not be a bigger man than his father was before him. † – Critically analyse this statement and discuss the tasks expected to be performed by future managers to effectively deal with management challenges. 2. Identify four corporate social responsibility initiatives adopted by corporates which you are familiar with. Pg 102 3. â€Å"More centralization and decentralization are not advisable† – Do you agree or disagree? Justify. Suggest when and where these two concepts effectively applied in corporate. Pg 97 4. â€Å"MBO is the motivating factor or controlling technique†. Critically evaluate this statement. Compare and contrast between MBO and MBE. Pg 85 1. 2 FINANCIAL MANAGEMENT 1. â€Å"The profit maximization is not an operationally feasible criteria. † Do you agree? Illustrate your views. Pg 6 2. â€Å"The function of Financial Management is to review and control decisions to commit or recommit funds to new or ongoing uses. Thus in addition to raising funds, financial Management is directly concerned with production, marketing and other functions within an enterprise whenever decisions are made about the acquisition or destruction of assets†. We will write a custom essay sample on Financial And Management Accounting or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page When the corporate income taxes are assumed to exist Modigilani-Miller and the traditional theorists agree that capital structure does affect value. So the basic point of disputes disappears†. Do you agree? Why or why not? 4. â€Å"The contention that dividends have an impact on the share price. † Explain the essentials of this argument. Why the argument is considered fallacious. 1. 3 HUMAN RESOURCE MANAGEMENT 1. Prepare a report on the cultural diversity of an HR department in a multi location IT company. Examine the challenges it faces in the changed business scenario. Study and compare the performance appraisal system in a manufacturing sector and service sector and evaluate the reasons for their success/ failures in the respective sectors. Pg 193 3. Critically analyse the selection process vis-a-vis the HR Strategy of an organization, examine whether the selection process is facilitating the recruitment and retention of the manpower with the required skill sets and competencies. Pg 53 ,63 4. Analyse and appraise the quality circle movement in a service organization and suggest methods for its enhancement. 1. 4 MARKETING MANAGEMENT What is product life cycle? Choose a case in international marketing and discuss the same. Pg 88 2. Discuss which brands of mobile do you feel successfully targeted the group â€Å"Generation Y†. Which brands do not? What could they do better? 3. â€Å"Marketing research is the key to the success of a company†. Discuss the above statement, keeping in view of an example of the recent past where application of market research helped in formulating the right marketing strategy. Pg 211 4. Suggest suitable pricing strategy for: (i) 100 cc Motorcycle (ii) Laptop (iii) Branded Shirts. How do you analyse and interpret financial statement of a company for reporting on the soundness of its capital structure and solvency? 2. â€Å"Accounting ratios are mere guides and complete reliance on them in decision making is suicidal. † Elucidate. 3. â€Å"Funds flow analysis represents a stock to flow linkage. † – Justify. 4. From the following information pertaining to M/s ABC Co. Ltd. , prepare its trading, profit Loss A/c for the year ending 31st March 2012 and summarized Balance Sheet as on that date. Current ratio 2. 5 Quick Ratio- 1. 3 Proprietary ratio- 0. 06 Gross Profit to sales 10% Debtors Velocity- 40 days Sales 273000 Working capital 120000 Bank overdraft- 215000 Share Capital 250000 Closing Stock is 10% more than opening stock Net profit 10% of proprietary fund. 1. 6 BUSINESS MATHEMATICS AND STATISTICS 1. A chartered Accountant applies for a job in two firms X and Y. He estimates that the probability of his being selected in firm X is 0. 7 and being rejected in Y is 0. 5 and the probability that atleast one of his applications rejected is 0.6. What is the probability that he will be selected in one of the firms? 2. In a factory turning out razor blade, there is a small chance of 1/500 for any blade to be defective. The blades are supplied in a packet of 10. Use Poisson distribution to calculate the approximate number of packets containing blades with no defective, one defective, two defectives and three defectives in a consignment of 10,000 packets. 3. A sample of 400 students of undergraduate and 400 students of post graduate classes were taken to know their opinion about autonomous college. Present these fact in the form of a table and test at 5% level, that the opinion regarding autonomous status of colleges are independent of the level of classes of students. 4. Test the significance of variation of the retail prices of the commodity in three principle cities; Bombay, Kolkata and Delhi. The four shops were chosen at random in each city and prices observed in rupees were as follows Bombay 16 8 12 14 Kolkata 14 Why do you think choosing correct location for a plant is significant? Draft a plan to locate a nuclear power plant. Pg 54 2. Explain intermittent and continuous operations. Under what type of situation it would be used in automobile industry? 3. Explain the types of material handling equipments used in coal mine industry. 4. Discuss the importance and methods of inventory system followed in refining industries in India. 1. 8 Managerial communication 1. Find article in the business press or general news about a recent incident involving a company (for example, a merger or acquisition, a scandal or crisis, or the launching of a new product). What kind of communication challenges might this event pose for the company, both internally and externally? What kinds of messages would probably need to be written, and to whom? 2. Interview a working professional about his or her writing process. In addition to asking about general strategies for different kind of writings, also how he or she tracked a particularly difficult writing situation. Write up the results of your findings briefly. 3. Locate six examples of video and audio clips you might use in a business document. Describe the examples along with a brief explanation of a good use in a business document. 4. Look through current newspapers, magazines, the web and so on, and get the best available information on the job outlook for this year’s college graduates. You should show variations by geographic areas, degree, and schools. Present your findings in a well-organized and illustrated report.